Actis acquires Rs 6,000 cr portfolio of six operating highway projects

13 Jun 2022 CW Team

Welspun Enterprises Limited (WEL), a subsidiary of the Welspun Group, has sold a Rs 6,000 crore portfolio of six operating highway toll road projects in India to Actis, a global investor based in the United Kingdom.

According to media reports, the portfolio benefits from a consistent mix of annuity and toll cash flows, with projects strategically situated across India, notably along the most renowned North-South highway corridor.

Actis' Long Life Infrastructure Fund (ALLIF), which seeks to invest in stabilised running assets across several infrastructure sectors that generate a significant cash yield for investors, will make its first road investment in India.

Five of the six toll roads have a Hybrid Annuity concession, which provides a set pay-out to the concessionaire in exchange for ensuring road availability.

The company revealed that the concessions for the five projects were given by the National Highways Authority of India (NHAI) and have a AAA local credit rating.

WEL is an Indian-based construction engineering company founded in 1976. The firm has done projects like the Delhi-Meerut Expressway (NH-24), Four-laning of Chutmulpur - Ganeshpur (NH-72A) & Roorkee - Gagalheri (NH-73), and many more.

Actis is a worldwide investment business specialising in the asset classes of private equity, energy, infrastructure, and real estate. It is a global leader in renewable energy infrastructure investment.

Image Source

Also read: New players bags govt-funded national highway projects

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..